Letter of the Day (July 25): Detroit's economics

July 24, 2013 - 7:09 PM

Recent letters have blamed the fiscal problems in the city of Detroit on “liberalism” and Democratic control, and have chosen to forget the actions of corporations and the “job creators” of the corporate elite.

When a decision is made to relocate factories to Mexico and abandon those skilled workers who helped to build a company and a city, there will be consequences. When higher and higher profit for shareholders is considered more important than the wages and quality of life of those who really “built” a company, then the wealth of a few will grow at the expense of entire communities.

A community by its very definition is made of many people of all economic levels. But one group of citizens really control the future. When they feel that shared success no longer agrees with profit goals, they move on. What’s left? Detroit.